China's domestic AI chip market just hit 41% share and nobody here seems to be talking about it

Everyone's watching Nvidia hit new highs and debating whether AI capex is sustainable, but there's a parallel story unfolding in China that I think deserves more attention from an allocation perspective. Jensen Huang himself said it at Citadel Securities back in October: "We went from 95% market share to 0%." That's the Nvidia CEO publicly admitting the company is completely locked out of China's AI accelerator market after years of rolling export bans. And the IDC data from 2025 confirms what

$BIREN TECH (06082.HK)$ Did I sell too early[Scowl][Scowl] - Moomoo

Moomoo

BIREN TECHNOLOGY (06082.HK) Signs Strategic Cooperation Agreement with Tiankuan Technology to Accelerate Industry Adoption of Domestic Computing Power - AASTOCKS.com

AASTOCKS.com

Hong Kong Stock Movement | Biren Technology (06082) Surges Over 17% to Reach a New High; AI Computing GPUs Drive Strong Revenue Growth; Next-Generation BR20X Chip Planned for Launch This Year - Moomoo

Moomoo

Hong Kong just had its biggest IPO quarter since 2021 and most of it is hard tech, which China ETFs actually capture this?

Been digging into the Q1 2026 Hong Kong IPO numbers and the composition caught me off guard, so figured I'd share what I found and see how people here are thinking about it from an ETF angle. Hong Kong raised around HK$110B (about US$14B) across 40 IPOs in Q1, up roughly 489% year on year, the biggest quarter since Q2 2021. What's more interesting than the headline is the mix. It's overwhelmingly AI, semis, and robotics rather than the consumer and internet names that dominated previous cycles.